Lao Feng Xiang to distribute interim cash dividend for 2025
Lao Feng Xiang Co., Ltd. announced a cash dividend distribution of RMB 0.33 per share (tax included) for the first half of 2025. This proposal, approved by the board on August 28, 2025, will distribute a total of RMB 172,628,862.12 based on 523,117,764 shares outstanding as of June 30, 2025. The company will not issue bonus shares or convert capital reserves into share capital.
This interim cash dividend represents 14.15% of the company's net profit attributable to shareholders for the first half of 2025. The distribution follows the board's resolution on April 28, 2025, to implement an interim dividend policy and was authorized by the 2024 Annual General Meeting held on June 26, 2025.
As of June 30, 2025, Lao Feng Xiang's core "Lao Feng Xiang" brand jewelry and gold ornament chain stores totaled 5,550, with 188 direct retail stores and 5,362 franchised stores. The company plans to open 194 new stores in the latter half of 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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